Record-Breaking Financial Performance

Allianz SE has reported a remarkable 16% increase in its fourth-quarter revenues for fiscal 2024, reaching an impressive €45.9 billion. This growth is a testament to the company's robust financial health and strategic market positioning.

Net Income and Operating Profit Soar

The net income saw a significant jump of 16.9% to €2.6 billion, while the operating profit climbed by 10.9% to €4.2 billion. These figures highlight Allianz's operational efficiency and its ability to generate value for its shareholders.

Core Earnings Per Share on the Rise

With core earnings per share (EPS) reaching €6.31, marking a 5.1% increase year-over-year, Allianz continues to demonstrate its commitment to delivering consistent financial growth and shareholder returns.

Annual Financial Highlights

For the entire fiscal year 2024, Allianz's total revenues stood at €179.8 billion, an 11.2% growth, with net income rising by 16.7% to €10.5 billion. The core EPS also advanced by 12.4% to €25.42, showcasing the company's strong financial performance across the board.

CEO's Perspective

"Allianz's record financial results in 2024 are a reflection of our strong performance across all segments, high customer satisfaction, and record employee engagement. Despite global challenges, Allianz remains the trusted partner for our customers worldwide," stated CEO Oliver Bate.